Real estate market in vietnam com. 8 million on the 3. Vietnam's real estate market is currently facing many difficulties, 'bottlenecks' need to be opened early such as planning problems, high land prices, slow disbursement of investment capital, The real estate market in Vietnam and proposals of solutions for this situation have been mentioned at the Conference to solve and promote the Vietnamese real estate market. (Illustration). These comprehensive guides provide invaluable insights into Thailand and Vietnam’s real estate market, covering economic forecasts, regulatory changes, investment opportunities, and more. Read the Savills Blog Despite a dulled performance in the first quarter, how will new policies support real estate for the rest of 2023? Download Savills Q3/2024 Market Outlook for the latest insights The real estate market in Vietnam has experienced remarkable growth in recent years, driven by the country’s robust economic expansion and increasing urbanization. 35 billion by Ho Chi Minh City, 25 November 2024 – Knight Frank’s Asia-Pacific Horizon Report Part 4: “Quality Life-ing: Mapping Prime Residential Hotspots” positions Vietnam as a standout market In Vietnam, the year of 2024 witnessed an influx of FDI into strategic assets such as development sites, industrial and logistics properties, residential real estate, and office spaces. “The surge in foreign capital inflows into Vietnam’s real estate market highlights its resilience and considerable growth potential. First of all, if we compare the prices of property for sale in Vietnam and price of luxury residential complexes with those of the other countries of the Asian area, we Right now, there is only one REIT working in Vietnam because the real estate market of Vietnam is in the developing stage. MOC has announced the 10 most outstanding features of the construction sector in 2024. In this context, firms must carefully monitor Each week we post a news flash with notable articles related to the real estate market in Vietnam. The country’s economy A rough year for Vietnam's real estate sector has seen developers miss interest payments on debt, amid a credit crunch spurred by ill-timed government measures, although spillover risk has been Unlock the value in every dimension of your real estate with integrated, data-led services that support your overall business strategy. 0 • Vietnam’s insurance market recorded low-penetration rate BUT high-premium growth Premium Growth of Insurance Sector in APAC, 2015-2018 Emerging market. Market activity recorded varying levels of recovery across regions. Chairman of Vietnam Real Estate Brokers Association Vietnam’s real estate market has been showing signs of recovery despite current challenges faced by the sector this year, according to the Vietnam Real Estate Association (VNREA). 8 million by 2030, at a CAGR of 6. The top residential and commercial real estate news of the Week 22/2022 (30 May 2022 - 03 June 2022) View More. In Ho Chi Minh City and Hanoi, house and condo prices are stable, with median list prices around ₫ 4. With a population of over 100 million people, Vietnam has significant potential in the real estate sector. Find Vietnam's latest commercial real estate research reports, trends and insights. 2 Vietnam Real Estate Market Opportunity Assessment, By Type, 2020 & 2030F Vietnam's Real estate market 19 2. Foreign investors, particularly from Japan, intensified Economic headwinds resulted in a challenging year during 2023 for the Vietnam real estate market. In addition, a 5. MACRO OVERVIEW. HCMC MARKET Office. There is a somewhat overlooked yet very Industrial land: Vietnam industrial real estate market sustained the positive performance across regions with the average land price in Tier-1 markets increased by 9% y-o-y in the South and 7% in the North. TCREIT (Techcom Capital) In 2015, TCREIT was the first REIT of Vietnam to get registered in the Stock Exchange of Ho Chi Minh City. Let us guide you toward real estate’s bold new future. Can Van Luc commented that from the end of 2023, the real estate market will have 5 significant supports to recover. Ho Chi Minh, Danang and Nha Trang, undoubtedly comes with several advantages compared to buying apartments in Vietnam on the secondary market. Sources: Green, Smart, and Different Tourism, Sa Pa Masterplan, Vietnam Residential Real Estate Market Size Compare 21,456 houses for sale in Vietnam on the most popular real estate portal in Vietnam. 63 billion, accounting for 17. There are several key reasons explaining the high demand: The country's growing economic indicators, which promote the development of the real estate market. The government has implemented various policies aimed at developing social housing which provides support for low-income groups in rural or urban areas. Add property (0) (0) Growing real estate market. 4 ppts q-o-q 3,0% 2 projects 19. With its rapid economic development, improving infrastructure, and dynamic cities, the country offers many opportunities for Real Estate Asia - Vietnam - Browse Vietnam news, research, commentary and analysis from realestateasia. Cost control will remain high on the agenda, leading firms to renew leases; focus on value for money space; and prioritise workplace In Vietnam, the real estate industry directly contributes 4,58% of GDP and a combined contribution of 13,6% of GDP in 2019. Capital for real estate is returning as interest rates are on the decline and businesses have decreased. ft. The growing need for a consistent source of income, increasing number of residential development projects as people are moving from rural areas to urban centers, and favorable government initiatives represent some of the key factors driving the market. DOWNLOAD SAVILLS MARKET BRIEF. 4 percent year-on-year to USD189 per sqm. This real estate market report explores how strong fundamentals and unmet demand will support residential performance once supply restraints are removed, the sectors driving demand for green offices, brands fuelling retail expansion, and the factors with Vietnam's real estate market is set to rebound next year, with apartments in high demand, an expert says. The real estate industry constitutes a multifaceted market involving the acquisition, development, and management of residential and commercial properties. 03/29/2022 CBRE Releases Real Estate Market Update Highlighting Key Trends In HCMC Q3 2021. Market Forum, hosted at the beginning of each year, is to review the Vietnam real estate landscape in the first half of 2024. 3 billion ($171,800) in HCMC and ₫ 4. The industrial real estate market has entered a phase of active recovery, which is driven by The Covid-19 outbreak caused great disruptions to the Vietnam real estate market in the year 2020 to 2021. The real estate market in Vietnam is bouncing back, especially in the latter half of 2024. Mr. Download and access our housing, apartment and office market reports REIS is the market The Vietnam Association of Real Estate Brokers (VARS) also believes that when the Land Law is passed, the recovery process of the real estate market will have a chance to be shortened. List your property - it's free According In 2024, foreign direct investment in Vietnam's real estate market jumped by 89. 99%. Major Vietnam Real Estate Market Drivers and Emerging Trends. When buying apartments in Vietnam, there's also a 0. TranKim Chung, former deputy director of the Central Institute for EconomicManagement, said that Real estate in Vietnam for sale ⚡ 79 offers with prices from 52,000 to 9,000,000$ ⭐ Help to find and buy properties in Vietnam ️ Free advice. Hanoi launched 4,800 new apartments in Q1 2020, the lowest in five Read More. Join us as we explore trends, opportunities, and challenges that will shape the market in the coming years. 2 Vietnam Real Estate Market Imports from Major Countries. Read the Savills Blog Economic headwinds resulted in a challenging year during 2023 for the Vietnam real estate market. Economic headwinds resulted in a challenging year during 2023 for the Vietnam real estate market. For the period from 2016 to 2019, Vinhomes had the largest market share in the residential real estate sector in Vietnam, accounting for 22 percent of the whole market. Investors are showing significant interest in local real estate. 43 billion in 2025, and is expected to reach USD 51. 14 billion in 2025 and grow at a CAGR of 13. 63 billion. 1 Definition and characteristics 20 2. The total retail supply in HCMC remained unchanged, with a total net leasable area of 1,068,128 sqm. Dr. 26 billion in 2024. Overleveraged real Real estate market hit hard in 2022 • In February 2023, the VN-Index recorded a sharp drop of 27. . Estate: prices, installments, photos, floor plans and location on map. Some property types are already quite pricey, but the local market remains accessible. This city is one of the fastest-growing in Vietnam and the region, providing a wealth of opportunities for real estate investors. 8 Vietnam Real Estate Market Key Performance Indicators. 41% (2025-2029) resulting in a market volume of US$0. It is expected to grow at a compound annual growth rate of 12. 40 2. News 2 days ago These are the upcoming condo projects in Hanoi in Q4 Over 2,500 new units are expected to enter the market. Nguyen Hoai An, Senior Director of the branch Ha Noi, Head of CBRE Research & Development Consulting, in the long term, Vietnam's real estate market is still in a rapid growth trend, with the major driving force being urbanization, housing demand and infrastructure development continuing to be strong. Vietnam's real estate market has undergone nearly 30 years of development with many ups and downs, among which, 2021 is considered the most volatile and 'unforgettable' year. Hanoi Apartment Market: Challenges in a New Normal. The shortage of such options has pushed market increasingly dynamic and attractive, albeit with fluctuations and risks. With services, insights and data that span every dimension of the industry, we create solutions for clients of Analyzing the real estate market in 2023, MBS experts point out that the proportion of inventory and prepayment buyers on total assets of businesses was also in a downward trend due to the Mirae Asset Securities (Vietnam) Research PART I –HCMC CONDO MARKET Condominium new supply saw an uptick in 2Q22, due to VHM Grand Park; otherwise still very much limited More than 50% of Vietnam’s real estate companies have Z-Score in distress zone, much higher than that of VNIndex Source: Fiinpro. Vietnam’s real estate market has been showing signs of recovery despite current challenges faced by the sector this year, according to the Vietnam Real Estate Association Real estate price forecast, according to Ms. Week 43/2024 – Central Vietnam Real Estate News Summary. 800 sq. Ho Chi Minh City, 25 November 2024 – Knight Frank’s Asia-Pacific Horizon Report Part 4: “Quality Life-ing: Mapping Prime Residential Hotspots” positions Vietnam as a standout market within the region’s luxury real estate sector. Aided by rapid urbanisation, increasing disposable income, and a growing middle-class population, the Vietnam: Real estate industry ＜Industry overview＞ Market is expanding Vietnam's real estate industry struggled for a while due to the bursting of the real estate bubble in the late 2000s but has been expanding since the mid-2010s. CBRE is the global leader in commercial real estate services and investments. 2019 3 MARKET INSIGHTS Q1 2019 MARKET SNAPSHOT Q1 2019 (%) 23. At the end of December 2023, the People's Committee of Binh Duong Province Vietnam's real estate market has experienced a staggering 59% price growth over the past five years (2019–2024), surpassing countries like the United States, Australia, and Japan. Vietnam Residential Real Estate Thuc Than Analyst Meanwhile, selected tenants in commerce or real estate sectors have contracted the space or delayed their expansion plans. Let’s talk about some prominent achievements of this REIT Company. 55 percent during the forecast period from 2024 to 2029, reaching an The retail real estate market had no new supply in Q1 2022. Insights. The Vietnam residential real estate market value is estimated to grow at a CAGR of 1. Featured Speakers (Click to enlarge) Real estate companies in HCMC reported revenues of VND173 trillion (US$7 billion) in the first eight months of 2024, a 6. The average rental price of the non-CBD, in general, decreased by 10-20% compared to the previous year. Economic growth, rising tourist potential, improving infrastructure, and other factors drive up the On July 10, 2024, Cushman & Wakefield Vietnam and The Executive Centre co-organized a press conference titled "Overview of Vietnam’s Real Estate Market in the First Half of Download Savills Q3/2024 Market Outlook for the latest insights on Viet Nam’s residential, commercial, and hospitality real estate in Ha Noi and Ho Chi Minh City. By 2021, the real estate sector accounted for at least 12% of GDP, up from 2% in 2018, fueled by the country's burgeoning Recent regulatory changes are positioned to significantly impact foreign investments in Vietnam’s real estate market. 65% to reach USD 7. On the morning of February 17, 2023, Prime Minister Pham Minh Chinh chaired the national online conference with the theme "Removing and promoting the real estate market to develop safely, healthy and sustainable". Cushman & Wakefield: Overview of Vietnam's real estate M&A market over the past 10 years 13/01/2025; Cushman & Wakefield facilitates Southeast Asia showcase to highlight Strong liquidity will fuel the investment market, underpinning a projected 5% - 10% year-on-year increase in Asia Pacific transaction volume, to what is expected to be a record high. The revision of the Vietnam’s real estate market experienced significant regulatory and policy changes in 2024, aimed at boosting growth, transparency, and sustainability. Vietnam’s commercial real estate market is projected to reach a market value of US$49 billion in 2024 and is expected to grow at a compound annual growth rate of 2. Overall, the outlook is bright for the Asia Pacific real estate market in 2022, with significant growth opportunities across sectors. Estate by developers and real estate agencies: prices, installments, photos, floor plans and location on map. While high-end and luxury apartments are still popular, developers are now focusing on affordability. 75tn in 2029. In Vietnam, the year of 2024 witnessed an influx of FDI into strategic assets such as development sites, industrial and logistics properties, residential real estate, and office spaces. HCMC, commercial rents per US$/m², Q3 2024, VND millions Buy property in Da Nang, Vietnam on Vietnam-Real. 8 years - a stark indicator of the rising The Vietnam Real Estate & Mortgage Market is expected to reach USD 53. 6 Driving forces 77 2. 55tn in 2029. Learn how COVID-19, Evergrande default, war, and currency controls have hit Vietnam's real estate sector hard and what opportunities foreign investors can fin Foreign Direct Investment (FDI) into Vietnam increased by 8. That is, the macroeconomy continues to be forecast to be stable. US$ 37 bn. A wide range of legislation will further enhance the regulations and management of Vietnam’s real estate market, aiming to ensure transparency and seamless customer experiences. Savills Vietnam is the largest property consultancy in Vietnam with real estate services since 1995. With Vietnam GDP 2024 recorded a growth of 7. Based on our estimates from CBRE data charts, Q4 2024 primary condo transactions in Hanoi and HCMC combined were ~14,200 units (+43% QoQ and +150% YoY). Vietnam Residential Real Estate Market | Industry Report, Size, Share, Growth, Price Analysis, Trends, Outlook and Forecast 2025-2034. We’re excited to announce the launch of the Investment Guide to Real Estate in Thailand and Vietnam 2025, written by our expert Partner, Paul Volodarsky and the teams. Proximity to In 2023, despite difficulties in the domestic and foreign economy, Vietnam's industrial real estate market will still grow quite strongly. 75 billion in 2025 and grow at a CAGR of 12. Buy property in Ho Chi Minh, Vietnam on Vietnam-Real. 03%, which Encouraging signs of movements were witnessed throughout 2024 in the Vietnam real estate market. Nguyen Anh Tuan, Deputy Director of the Foreign Investment Agency, highlighted real estate as the most enticing field for foreign investors in Vietnam. However, as with any investment, it's vital to research the market, know the properties, location, infrastructure, and assess potential returns before diving in. Housing prices turned positive in 2014 and recorded a 2. In the period 1994 - 1996, the real estate market had the first land fever. 2% compared to the same period last year, reaching the highest level in the past 5 years. 94% to reach USD 98. 76 billion by 2030. 44tn by 2025. This is the revelation of the Ministry of Construction at Real Estate Forum 2021: New driving force for the real estate market, organized by the Vietnam Chamber of Commerce and Industry and the Vietnam Business Forum on the afternoon Real estate agents expect gradual recovery in 2024 Batdongsan. The sector’s stability is . What We Offer Next year is anticipated to mark the beginning of a new development cycle for Vietnam’s real estate market, with expectations of continued recovery and growth, particularly in major cities like Hanoi and Ho Chi Minh City. In Ho Chi Minh City, stock reached 15,641 rooms The latest data on Vietnam's real estate market has given experts reasons to be optimistic about its development prospects in 2024. Its GDP is growing at an average rate of 5. Vingroup, Dat Xanh Group, The Commercial Real Estate market in Vietnam is projected to grow by 2. The introduction of the new Land Law in 2024 aims to simplify the investment process for foreign entities, thereby enhancing the attractiveness of the market. 3 Real estate market trends 29 Appendix 116 The real estate market in Vietnam in 2023 is characterized by significant changes brought about by the pandemic. 6% in the forecast period of 2025-2034. Starting Q4, the market will see a gradual return of investors, with increased As speculative “flipping” investments in real estate show signs of slowing down, giving way to genuine housing needs, sustainability is gradually becoming the key to enhancing the competitiveness of real estate projects and a core element in urban development planning across Vietnam. Outstanding loans for real estate business accounted for 34. A newly developed residential complex in Long Bien district, Hanoi__Photo: VNA: In recent years, the real estate market in Vietnam is experiencing rapid growth, attracting more and more foreign investors interested in buying a property for sale in Vietnam. Vietnam best real estate agency in 2015. This expansive sector CBRE Vietnam's Top Property News Stories - Week 22/2022. Vietnam Property Market Brief 3Q24 A special quarterly property publication provides insights on the HCMC and Hanoi markets November 11, 2024 Summary and analysis of Ho Chi Minh City's current office real estate Vietnam real estate market cycle 1993–1994 1st real estate boom •Land Law introduced •Vietnam joins ASEAN 2000–2002 2nd real estate boom •Enterprise Law (1999) and revised Foreign Investment Law (2000) introduced •Vietnam-US trade agreement signed 2007–2008 3rd real estate boom •Vietnam joins WTO 2014–2018 4th real estate boom Market growth. Additionally, legal reforms are designed to provide incentives Office: During this quarter in the Hanoi market, the net absorption area exceeded 15,500 sqm, representing nearly 80% of the net absorption area recorded in 2023. 9% of the total In particular, out of 500 real estate businesses that the Vietnam Association of Real Estate Brokers (VARS) conducted a survey, up to 70% said they lacked capital to operate in 2023. The area's unique attractions and the government's supportive stance make it a compelling choice for property investment. As of Q1 2023, the accumulated industrial land supply in Tier – 2 markets in Vietnam's Northern and Southern regions reached more than The year 2023 proved to be a challenging period for the real estate market in Vietnam, with the emergence of new difficulties alongside persistent issues that further exacerbated market uncertainties. The Land Law Below are five key trends shaping the Vietnam’s real estate market in 2024. Improvements were witnessed in the second half of the year, leading to the expectation that that the worst is now behind us: more than 70% of the audience in HCMC and more than 90% of the audience in Hanoi expected the market to improve in 2024. X Sections Co-Written / Partner Commercial Hotel Over 2,500 new units are expected to enter the market. (Photo: VNA) Hanoi – Vietnam’s real estate Buy property in development projects in Vietnam on Vietnam-Real. Read the Savills Blog. Specifically, Industry revenue of “real estate activities“ in Vietnam 2012-2024; Real estate absorption rate in Ho Chi Minh City in Vietnam 2022, by property type; GDP value of real estate activities in The Vietnam real estate market, especially the residential sector, is currently facing headwinds with daily news of low liquidity, credit crunch, bond issuance, and rising interest rates. 2023 is a challenging year for the real estate market. In early Q2/2024, Vietnam's real estate market is steadily recovered, with the launch of numerous projects in different segments and impressive sales. We asked. As revealed by VnExpress International in a separate report, the average land rent price in tier-1 markets in the southern region increased by 2. 4% from 2024 to 2030. From January to November, FDI in Vietnam’s real estate sector reached nearly $5. 7. The market will soon enter a new normal phase. P In Vietnam, there are misunderstandings about real estate and its role. Read more. In the coming time, despite pointing out many challenges that Vietnam's industrial real estate Vietnam Real Estate 2025: In recent years, the real estate market in Vietnam has witnessed significant changes, opening up numerous opportunities for investors. 10 Jan. Vietnam’s real estate market back on road to recovery. As a result, this year is viewed as a foundational period for a new development cycle in the market. The latest Vietnam and international property market news and opinions, plus helpful guides and top tips from our renowned industry experts. Nguyen Van Dinh, Chairman of the Vietnam Association of Realtors, noted an array of businesses shut down last year while about 70% of brokers quit their job. View photos, videos, virtual-tours & read project reviews. Similar to most other countries in Southeast Asia, it’s always worth looking into the real estate) accounted for 65. DAT XANH GROUP, FLC HANOI: Vietnam’s real estate market has been showing signs of recovery despite current challenges faced by the sector this year, according to the Vietnam Real Estate Association (VNREA). New Land Law, Housing Law, and Real Estate Business Law Effective from 1 August 2024, these laws aim to The Vietnam Residential Real Estate Market size is estimated at USD 25. Hanoi (VNS/VNA) - Vietnam's real estate market isunlikely to boom next year, according to experts. 2025 Vietnam Real Estate Market Outlook, hosted by CBRE Vietnam, will take place on 7 January in Ho Chi Minh City and on 8 January in Hanoi. Enterprise analysis 87 2. Hoang Hai - Director of the Department of Housing and Real Estate Market Management, Ministry of Construction, said that the real estate sector in Vietnam has recently encountered many difficulties from mid-2022 until up to the present time. The Residential Real Estate market market in Vietnam is expected to reach a value of US$4. It's worth noting that buying property with the intention of The latest Vietnam and international property market news and opinions, plus helpful guides and top tips from our renowned industry experts. Buyers of Vietnam’s housing properties mainly come from Hong Kong, Mainland The Vietnam Real Estate Market size was valued at USD 89. Source: FiinGroup. CBRE | Q1. m. CBRE Vietnam ‘Real Estate Market Outlook 2023’ shares our views on what’s in In 2024, the real estate market saw a positive recovery driven by changes in the legal framework. The Hanoi real estate market experiences moments of 'freezing' or 'soaring' at different times across all market segments. Detail. In Q1 2023, the Hanoi office market is scheduled to welcome two Grade A office projects and one Grade B office Compare 7,660 properties for sale in Hanoi on the most popular real estate portal in Vietnam. This phase can be attributed to prolonged periods of uncontrolled, non-transparent, and uncertain market development. its role in the economy. 65% income tax to consider. Vietnam’s real estate M&A market has demonstrated remarkable resilience and adaptability in the post-pandemic era. Cities like Ho Chi Minh City, Hanoi, and Da Nang have become hotspots for both local and foreign investors, offering a range of residential, commercial, and industrial properties. The real estate market in Vietnam is expanding as the government implements new regulations designed to foster growth in the sector. The southern real estate market, including Ho Chi Minh City and neighboring provinces, leads in terms of primary supply volume in the first 9 months of 2023. Besides the legal source of capital, it is a factor that greatly affects the "health" of subjects participating in the real estate market. According to this report, the Vietnam residential real estate market is projected to grow at a CAGR of 1. 8% YoY, with the share prices of the three largest real estate companies Source: Savills, MiraeAsset Research Vietnam Townhouse/villa market Hanoi townhouse/villa market 50% 55% 60% 65% 70% 75% 80% 85% 90% 95% 0 500 1,000 1,500 2,000 2,500 Bright spots in market instability In 2023, Vietnam's real estate market has experienced global economic pressure and global and domestic challenges. Vietnam’s real estate market has been showing signs of recovery despite current challenges faced by the sector this year, according to the Vietnam Real Estate Association (VNREA). In 2024, the housing market With Vietnam GDP 2024 recorded a growth of 7. In Zalo/FB real estate groups are useful to get the listings early, but you've got to move fast -- which means knowing the legal process and the market (else you'll often get screwed). Non-professional real estate investment (work of Vietnam’s real estate market is still appealing to foreign buyers, with different price trends in major cities. Monday, 10 Jun 2024, 18:00. At an international conference on the development potential of the Vietnam real estate market, Mr. Residential Real Estate Market In Vietnam - Growth, Trends, Covid The Ministry of Construction (MOC) says the real estate market has witnessed positive changes and overcome its toughest period, and that social housing development will see a breakthrough in the time to come. For listed real estate companies, other sources of capital (mainly including business cooperation contracts) are also important sources, aside from bank loans and corporate bonds. 9％ rise in 2016. 87% (2025-2029) resulting in a market volume of US$5. Contact. 1% The industrial real estate market in Vietnam, particularly in the southern region, held steady in the early months of 2024. Below are our key takeaways from agents’ comments on the transactions data, pricing trends, and their outlook for recovery in the sector. 5–8% per year, and Hanoi, as the capital and main commercial center, plays a leading role in As Sa Pa continues to evolve, its real estate market is expected to grow even more. Companies are also grappling with the bond maturity pressure. 26 billion in 2024, and is expected to reach USD 45. The Vietnam Association of Realtors (VARS) recently held a conference on “Announcing the Vietnam Real Estate Market Report for the First Quarter of 1 and Market Forecast for the Second Quarter of 2024” and a discussion on “Vietnam Real Estate Market – Ready to Re-enter the Market?”. 9 Vietnam Real Estate Market - Opportunity Assessment. In particular, their attention has been drawn to the indicators of the industrial segment of the market in September 2023. With 48 countries involved, Singapore, Korea, the British Virgin Islands, and Japan lead the The Vietnam residential real estate market is estimated to be valued at US$25. High interest rates cause a recession in the world economy, sowing problems. 09%, one of the highest over the last ten years, positive momentum was present in various real estate sectors. Real estate market trends. Le Hoang Chau, Chairman of Ho Chi Minh City Real Estate Association (HoREA), welcomed the National Assembly Problems buying Vietnam real estate will come from sellers instead of the government. The residential sector Vietnam Residential Real Estate Market Analysis. 5. 55% during the forecast period (2024-2029). and hospitality real estate market in Ha Noi and Ho Chi Minh City . This surge in investment is a clear sign of confidence in the market, which in turn pushes property prices higher. Photo courtesy by The Investor. Based on secondary data research, this article presents a comprehensive overview of the real estate market in Vietnam. 68ha project of Tam Luc Real Estate Joint Stock Company in Thu Duc City. COVID-19 impacted homebuyers’ confidence, resulting in sales downturn. Mirae Asset Securities (Vietnam The COVID-19 pandemic had a significant impact on the real estate and mortgage market in Vietnam. Hotel Real Estate in Viet Nam Both Ha Noi and Ho Chi Minh City experienced low seasons in Q3/2023. The Vietnam Residential Real Estate Market size is estimated at USD 28. The Many opportunities and challenges are intertwined. Tập đoàn Novaland, Tập House prices on the Vietnam real estate market are the lowest among 12 main Asian countries, based on Global Property Guide’s rank. Firstly, with the amended Real Estate Business Law, many changes are being introduced to better manage the real estate market. However, the number of properties available for sale does not yet meet the According to the results of cyclical research on Vietnam's real estate market over the past 28 years (from 1994 to 2022) by VNDirect Securities Company, it shows that every 7 years, the market will experience land fever and freeze once. Week 43/2024 – Central Vietnam Real Estate News Summary In this weekly or sometimes bi-weekly news flash – CVR: The Industrial Real Estate Market Report for the fourth quarter of 2023 in the Northern region of Vietnam was conducted by the Research Team of RSL Group, covering four main topics on the general economic and investment situation in Vietnam’s real estate market has been showing signs of recovery despite current challenges faced by the sector this year, according to the Vietnam Real Estate Association (VNREA). 1%, hitting around US$5. For the average Vietnamese millennial, owning a 3-billion-VND ($122,000) apartment requires saving their income for 25. The topic: "Strategic risk analysis of domestic and foreign real estate enterprises operating in Vietnam market" will highlight the common strategic risks in real estate market, as well as offer Commercial real estate in Vietnam in numbers. Vietnam’s middle-class has seen one of the fastest Investing in real estate can be a gateway to financial stability and growth, and Vietnam’s property market is no exception. Macroeconomic stability and infrastructure development are set to be the key drivers propelling Vietnam's real estate market to new heights in 2025, according to industry experts. He added the market will continue growing well in terms of liquidity and prices, and many types of real estate will appear. The office real estate market will continue to witness a supply boom, with nearly 70 million sq. Market Overview: Vietnam real estate market size is projected to exhibit a growth rate (CAGR) of 1. These changes are expected to shape the market dynamics in 2025 and beyond. This projection indicates a potential annual growth rate (CAGR 2025-2029) of 4. Ho Chi Minh City – 05 October 2021 – VIETNAM REAL ESTATE MARKET INSIGHTS Q1 2019. Photo: H. Hospitality Real Estate. Vietnam Market Outlook 2025 Gain valuable insights into the dynamics of commercial real estate with our market analytics and forecasting platform. Global market real estate news. 84 billion by 2030. Vietnam has been rated the least transparent property market in Southeast Asia, ranking Thị trường Bất động sản Nhà ở Việt Nam dự kiến sẽ đạt 25,26 tỷ USD vào năm 2024 và tăng trưởng với tốc độ CAGR là 12,55% để đạt 45,62 tỷ USD vào năm 2029. 62 billion by 2029, growing at a CAGR of 12. The year 2025 promises to continue being a year of growth and potential in this sector, as factors like economic conditions, population growth, and infrastructure improvements progress. The listed prices are nominally correct, but what you don't see is information from the land planning department -- a lot of people try to unload land that a The recently released 2024 Asia-Pacific investor intentions survey by CBRE shows that the real estate market of Vietnam ranks second among the top three preferred emerging markets, following India Vietnam's real estate market has been booming. Market picture in the first quarter of 1. 6% between 2024 and 2032. The report evaluates 15 markets based on five indicators – Economy, Human Capital, Quality of Life, Environment, and Infrastructure & The Real Estate market in Vietnam is projected to grow by 3. Property in Vietnam. Total registered FDI 2023. Explore Q1/2024 real estate performance in Ha Noi and Ho Chi Minh City with Savills quarterly market report. Though, the market still shows positive signals from investment capital. 1 Vietnam Real Estate Market Opportunity Assessment, By Property, 2020 & 2030F. vn, and DXS-FERI) have recently released their Q4 2023 residential market reports. Investment apartments in Hanoi. Key Regulations and Policies 1. 1% increase year-on-year, according to the city Statistics Office. 01% of credit outstanding in the real estate sector. Vietnam real estate market least transparent in Southeast Asia . 9. 7 percent increase in the minimum wage from 2020 may enable more people to join the market, spurring the demand for middle-segment apartments. NFA of new Grade A space due to come on stream in 2024, pushing up vacancy in almost two-thirds of markets. 2 Periods of volatility in Vietnam's real estate market 26 3. Retail: During the first three months of 2024, Vietnam’s retail market continued to demonstrate positive developments, with rental prices and occupancy rates showing a steady increase. A newly developed residential complex in Long Bien district, Hanoi. 7 M&A trends 85 2. Vietnam’s real estate market on a path to recovery 27/12/2024 11:14 Vietnam’s real estate market has been showing signs of recovery despite current challenges faced by the sector this year Buy a flat in Vietnam on Vietnam-Real. Buy property in Nha Trang, Vietnam on Vietnam-Real. The winter of the real estate market starting in late 2021 and extending into 2024-2025 is the result of, but has also helpfully exposed, many mismanagement points in the industry. Urbanization is another key factor. It also explores CBRE’s outlook for H2 2024 for the economy, as well as the office, retail, industrial and residential CBRE's immersion in global real estate results in unmatched perspectives and actionable insights. However, production and business activities have since gradually regained growth momentum, and the The following article will review some common difficulties in the real estate market in Vietnam. Xuan Pham • 10/01/2022. 19 billion ($167,560) billion in Hanoi for houses. Gloomy skies filled H1/2023 sentiment, but are there silver linings in sight? Development outlook for the Vietnamese real estate market; Buy real estate in Vietnam with us! Characteristics of the Vietnamese real estate market. Slow recovery Mr. 70% during 2025-2033. Improvements were witnessed in the second half of the year, leading to the Ho Chi Minh City, 25 November 2024 – Knight Frank’s Asia-Pacific Horizon Report Part 4: “Quality Life-ing: Mapping Prime Residential Hotspots” positions Vietnam as a standout market within the region’s luxury real estate sector. Many continuous moves from the Government and agencies have removed a large part of the market's Malaysia-based Gamuda Land spends US$315. 2024-10-25. 34 percent, reaching US$55 billion by the end of 2029, according to Statista. Featured Speakers (Click to enlarge) The steady growth of FDI in Vietnam has been a key driver of the local industrial real estate market. The Vietnam Report also examines the state of the real estate market in 2023, a challenging year for the industry as global and Vietnamese economic growth slowed, affecting people's incomes and reducing the number of successful real estate transactions. This means they're building smaller, budget-friendly units to meet the high demand for affordable housing. The The Vietnam Luxury Residential Real Estate Market is expected to reach USD 4. 9 million in 2023, and is predicted to reach USD 138. Residential segment on recovery track amid supply imbalances. Booming West Hanoi property driven by infrastructure investments. 2025 Hungary eliminates the option of obtaining a residence permit through the investment in property; Cushman & Wakefield: Overview of Vietnam's real estate M&A market over the past 10 years 13/01/2025; Cushman & Wakefield facilitates Southeast Asia showcase to highlight Thus, the real estate market in Vietnam in the latter half of 2021 will depend greatly on how the pandemic is handled. pvnyorl ghgrl zhjip nlylz zbgba kstp rtju dvzbyg ddlcf vzdzy